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• <br />THEREFORE BE IT RESOLVED, that the city designate the additional <br />$14,569 of local government aid and equalization aid for the <br />property tax relief as of 12/31/92. The property tax relief will <br />take the form of one or more of the following: <br />• to off-set any reductions in 1993 local government aid <br />revenue from the local government trust fund <br />• to provide property tax relief by minimizing levy <br />increases when the city council plans its 1994 budget <br />and considers its 1994 property tax levy <br />~ to pay for on-going infrastructure projects that will <br />minimize property tax increases and/or assessments to <br />pay for these projects; <br /> <br />• not to fund new projects or programs that the city <br />would not otherwise undertake; <br />• to determine the final allocation of this revenue <br />during the 1994 budgeting process. <br />Moved by Gehrz <br />BALDWIN <br />CIERNIA 4 In Favor <br />GEHRZ <br />JACOBS 0 Against <br />GIBBON TALBOT (Absent) <br />Approved by <br />Mayor <br />January 13, 1993 <br />Date <br />G <br />Attested by <br />ty Clerk <br />Januarv 13, 1993 <br />Date <br />.7 <br />